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SKYAI surges 26% on acquisition bid, then pulls back, but bullish trend remains strong.

Market News
17 Jun 2026
AMBCrypto
View Source
Bullish
SKYAI surges 26% on acquisition bid, then pulls back, but bullish trend remains strong.

SKYAI's price jumped 26% after Forward Industries bid to acquire it, then eased to a 7.25% gain amid lower trading volume, indicating some speculative activity. Despite the pullback, SKYAI remains one of the top-performing crypto AI tokens with strong long-term bullish momentum supported by technical indicators. The price could rise toward $0.866 and possibly $1.06, though $1 may trigger profit-taking. A short-term dip near $0.39 offers a buying opportunity, with a key support level at $0.305 invalidating the bullish outlook if breached. Overall, the acquisition bid has boosted buyer confidence, sustaining a positive trend for SKYAI.

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